Global Learning for Operational Leaders
Course PM-018
Project Formulation and Feasibility Studies Analysis
Investing in projects is a critical decision that must be underpinned by effective Project Management to fully realize i... The outline covers Introduction to Feasibility Studies & Financial Feasibility, Project Options...
- 5 daysClassroom or online
- 14Upcoming dates
- 8Cities
- €1,625Fees from
Your week at a glance
- Day 1 Introduction to Feasibility Studies & Financial Feasibility
- Day 2 Project Options and Risk Assessment & Gaining Buy-In to Project Planning
- Day 3 Presenting a Business Idea & Project Management Overview and Project Initiation
- Day 4 Integration, Scope and Quality Management Planning Processes & Risk Management Planning Processes
- Day 5 Schedule and Cost Management Planning Processes and more
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
Investing in projects is a critical decision that must be underpinned by effective Project Management to fully realize its value. The Project Formulation and Feasibility Studies Analysis Course examines how integrating Feasibility Study and Project Planning Processes creates a solid foundation for successful project execution and benefit delivery to both the organization and key stakeholders.
In the first module, we focus on establishing technical, commercial, financial, and organizational feasibility.
The second module builds on this foundation by detailing how to plan each crucial element of the project, ensuring a comprehensive approach to managing and executing projects effectively.
This training course will feature:
The benefits of undertaking a feasibility study
How to conduct a feasibility study
The Principles and Performance Domains for effective Project Management
Project Initiation processes and creating the Project Management Plan
Planning processes for Scope, Quality, Risk, Schedule, Cost, Resource, Communication, Stakeholder and Procurement Management
Training Objectives
By the end of this training course, participants will be able to:
Explain the essential value of Feasibility Studies
Conduct and present a Feasibility Study
Engage effectively with Project Stakeholders
Create a Project Charter
Create a Project Management Plan
Carry out Project Planning Processes
Who should attend
Target audience
- Project Managers
- Project Planners
- Managers responsible for launching new products and services
- Senior operations managers
Methodology
Learning approach
- This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
- This training course focuses strongly on interactivity and practical exercises. Short presentations are combined with extensive discussions, relevant videos, team activities and case study exercises.
- Examples from the delegates own organizations are used to bring training to life and to ground it in reality.
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Introduction to Feasibility Studies & Financial Feasibility
- Feasibility Studies: Preparation, Analysis & Evaluation
- Introduction to Feasibility Studies
- What are feasibility studies and why are they important?
- Feasibility studies: definitions, principles and concepts
- Feasibility Study Components and Process
- Technical Feasibility
- Commercial Feasibility
- Organizational Feasibility – people, competence and resources
- Coffee break
- Organizational Feasibility – people, competence and resources (continued)
- Financial Feasibility
- Financial Feasibility – costs, return on investment
- Cost classification and estimation
- Non-Discounting Methods and Discounting Methods
- Prepare Your Capital Spending Plan
- Prepare Your Cash Flow Forecast
- Required Investment for Your Business
Day 2
Project Options and Risk Assessment & Gaining Buy-In to Project Planning
- Project Options and Risk Assessment
- Project requirements
- Performing an Options Analysis
- Option Generation and Selection
- Risk Management process and application
- Estimating Risk and Quantitative Risk Analysis
- Risk Response Planning
- Coffee break
- Gaining Buy-In to Project Planning
- Components of a Feasibility Report
- Developing the Feasibility Report
- Project Planning
- Critical Path Analysis
- Tips to preparing an impactful Business Plan
- Preparing to pitch your business idea - facing ‘The Dragon’s Den’
- Case studies
Day 3
Presenting a Business Idea & Project Management Overview and Project Initiation
- Presenting a Business Idea
- The characteristics of engaging communication
- Multiple Intelligences
- The Learning Cycle
- Lessons Learned and Personal Action Plan
- Pitching a Business Idea
- Simulation and role play
- Coffee break
- Simulation and role play (continued)
- Project Formulation: Preparing Projects to Maximise Sustainable Value
- Project Management Overview and Project Initiation
- Project Management Principles
- Project Management Performance Domains
- Project Management Life Cycles
- Identifying Stakeholders
- Prioritising Stakeholders
- Developing a Project Charter
Day 4
Integration, Scope and Quality Management Planning Processes & Risk Management Planning Processes
- Integration, Scope and Quality Management Planning Processes
- Developing the Project Management Plan
- Planning Scope Management
- Collecting Requirements
- Defining Scope
- Creating Work Breakdown Structures
- Coffee break
- Creating Work Breakdown Structures (continued)
- Planning Quality Management
- Risk Management Planning Processes
- Planning Risk Management
- Identifying Risks
- Creative Thinking Techniques
- Qualitative Risk Analysis
- Quantitative Risk Analysis
- Planning Risk Response
Day 5
Schedule and Cost Management Planning Processes and more
- Schedule and Cost Management Planning Processes
- Planning Schedule Management
- Defining and Sequencing Activities
- Estimating Activity Durations and Developing the Project Schedule
- Planning Cost Management
- Estimating Costs
- Coffee break
- Estimating Costs (continued)
- Determining the Budget
- Resource, Communication, Stakeholder and Procurement Management Planning Processes
- Planning Resource Management
- Estimating Project Resources
- Planning Communications Management
- Planning Stakeholder Engagement
- Planning Procurement Management
- Preparing the project for Execution
Course FAQs
Questions about this course
What participants and training managers usually ask before booking Project Formulation and Feasibility Studies Analysis. Can't find your answer?
What does Project Formulation and Feasibility Studies Analysis (PM-018) cover?
This course covers Project Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 9 - 13 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Project Managers, Project Planners, Managers responsible for launching new products and services
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Paris, Frankfurt, Amsterdam, London, Istanbul, Vienna, Barcelona, Cape Town.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
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